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Botswana Races to Secure De Beers Control by October

The government of Botswana has set an ambitious end-of-October deadline to secure majority ownership of De Beers, a move President Duma Boko says is critical for the country’s economic sovereignty as diamond markets remain under strain. Speaking to Bloomberg Television in New York, Boko confirmed that his government is in …

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Oscillate Boosts Copper Portfolio with Namibia Expansion

Revised acquisition terms will see Kalahari Copper Limited’s Namibian assets included in a deal first announced in July, broadening the scope of Oscillate PLC’s purchase beyond Botswana. Under the new non-binding Heads of Terms, Oscillate is set to acquire both the Botswanan and Namibian portfolios, significantly expanding its presence across …

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Operations resumes at Tataki Mine – Update

Matsiloje’s Tataki Mine formerly Tati Nickel Mine is set to reopen next week under a new U.S registered critical metals company – Global Critical Resources Corporation (GCR Group). The development comes after NIU Invest (NIU), a leading European investment company, contributed MTV, a copper mine in Chile and Tataki Mine …

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Diamonds Lose Their Sparkle in Botswana

Long celebrated as Africa’s diamond success story,Botswana is facing its toughest economic challenge in decades. The rise of cheaper, lab-grown gems is eroding demand for natural diamonds, threatening a sector that once accounted for 80% of the country’s exports and a third of government revenue. Across the country, the slowdown …

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Diamond Crisis Pushes Botswana to the Brink

Botswana, long considered a beacon of stability and prosperity in Africa, is facing a severe economic crisis as the global diamond market crumbles. The downturn is exposing the nation’s heavy reliance on a single commodity that has fueled its success for over half a century. A sharp drop in demand …

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